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Been digging into the USD to PKR history and it's actually wild how much the rupee has depreciated over the decades. Back in 1947 when Pakistan gained independence, 1 dollar was just 3.31 rupees. Pretty stable for the first decade actually.
But then things started shifting. By 1955 it moved to 3.91, then jumped to 4.76 in 1956. For years it stayed around that level until the early 70s when it suddenly spiked to 11 rupees per dollar. That was a major shift.
The real pressure came in the 80s onwards. Through the late 80s and 90s, you could see the rupee weakening consistently. 1989 was around 20 rupees, by 1999 it hit 51.90. Then 2000s brought more depreciation - 63.50 in 2001, and it just kept climbing.
Fast forward to recent years and the story gets more dramatic. 2018 saw 139 rupees per dollar, 2019 jumped to 163, 2020 hit 168. Then 2023 was brutal - 286 rupees per dollar. That's almost a 100x move from independence.
Looking at this USD to PKR history from 1947 onwards, you can really see the economic pressures Pakistan faced. The currency has lost significant value over 75+ years. Makes you think about inflation and currency strength over time.